Bill
Bill > A05107
NY A05107
NY A05107Imposes an excise tax on sugary drinks; establishes a community health equity fund to utilize the revenues generated by such tax.
summary
Introduced
03/02/2023
03/02/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the tax law and the state finance law, in relation to imposing an excise tax on sugary drinks; and to amend the public health law, in relation to community health benefits
AI Summary
This bill imposes an excise tax on sugary drinks, with different tax rates depending on the amount of sugar content. The revenue generated from this tax will be deposited into a newly established Community Health Equity Fund, which will be used to support various community-based programs and initiatives related to improving access to healthy foods, promoting physical activity, and addressing health disparities. The bill also allows municipalities to impose their own local taxes on sugary drinks. Additionally, the bill establishes a Community Advisory Board on Health Equity to provide recommendations on the allocation of the fund's resources.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
print number 5107a (on 01/29/2024)
Official Document
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